OANDA Revolutionizes Mobile Trading with fxTrade Mobile 4.0
23 July 2014 - 08:00PM
Business Wire
Global forex broker redefines retail mobile
trading and maintains leadership position with industry-first
features
OANDA, a global provider of innovative forex trading services,
is pleased to announce the first phase of its next-generation
fxTrade Mobile trading application. Beginning with new,
industry-first features to its proprietary application for the
Apple iPad, OANDA is moving away from a “one-size-fits-all”
approach to mobile trading.
Available now for free download in the App Store, OANDA’s
fxTrade Mobile 4.0 for iPad features unlimited charts, the ability
for individual traders to arrange charts however they wish, and the
ability to view charts in full-screen mode.
“We're redefining the way investors are trading on mobile,
moving toward customization based on each trader's experience and
trading strategies. We started with the iPad, as it’s the tablet
with the highest market penetration and the most screen real
estate,” said Reuben Piryatinsky, Mobile Product Manager, OANDA
Corporation. “We're confident this new approach to trading will
help us maintain our industry-leading position in the mobile
space.”
OANDA’s mobile team will continue to release more customizable
features, specific to individual trading styles, in the coming
months. New elements in fxTrade Mobile will add to its existing
advanced charting functionality with multiple chart types and more
than 40 technical analysis indicators, overlays, and drawing
capabilities, streaming news feeds, and push notifications for
limit orders, stop-loss and take-profit actions, margin
notifications, and price alerts.
“We were the first broker to release a tablet trading app and so
much has changed in four years. At the time, our goal was to match
the desktop feature set but we’ve already eclipsed that and have
more rich features available for mobile," said Trevor Young, Vice
President of Product Management, OANDA Corporation. “We are also
seeing increased volumes coming through mobile: in 2010, it
accounted for two or three percent of total volume and today it is
closer to 20 percent.”
Today, more than 50 percent of OANDA’s clients log-in to their
accounts via fxTrade Mobile. Like OANDA’s MetaTrader 4 mobile
applications for iPhone and Android smartphones and tablets, and
OANDA’s Currency Converter for iPhone, iPad, iPod touch, and
Android devices, fxTrade Mobile is available to download for
free.
For more information, please visit www.oanda.com. You can follow
OANDA on Twitter, Facebook, or
YouTube.
About OANDA
OANDA Corporation transformed the business of foreign exchange
through an innovative approach to FX trading. The company’s
industry leading online trading platform, fxTrade, introduced
a number of firsts to the marketplace, including immediate
execution; instant settlement on trades; trades of any size between
one unit and 10 million units; and interest calculated by the
second. The company’s many awards attest to the power and
flexibility of its trading platform. In 2013, OANDA was honored
with nearly a dozen awards, including Best Trade Execution
Provider, Best Retail Trading Platform, and Best Mobile Trading
Platform by International Finance Magazine; as well as Best Value
for Money by Investment Trends in each the U.S., U.K., and
Asia-Pacific markets.
OANDA was the first online provider of
comprehensive currency exchange information, and today the
company’s OANDA Exchange Rates® data provides benchmark rates for
corporations, auditing firms, and global banks.
OANDA has eight offices worldwide, in Toronto, Chicago, New
York, Boston, London, Singapore, Tokyo, and Sydney. OANDA is fully
regulated by the U.S. Commodity Futures Trading Commission (CFTC),
the U.S. National Futures Association (NFA), the Monetary Authority
of Singapore (MAS), the Investment Industry Regulatory Organization
of Canada (IIROC), the UK Financial Conduct Authority (FCA), the
Japanese Financial Services Agency (FSA), and the Australian
Securities and Investments Commission (ASIC).
For media inquiries and image requests:Cognito for OANDA
CorporationJon Schubin,
646-395-6324OANDAPR@cognitomedia.comwww.cognitomedia.comorOANDA
CorporationBernice Couto, 416-593-9436, ext. 111386Global PR
Managerbcouto@oanda.com